Daily Sugar Price

Friday, 19 August 2022 

 

The May 2022 contract settled at:  17.77 US c/b 

The Australian Dollar currently trades at: 69.17 US cents. 

Forward indicative prices in Australian dollars are: 

 

*$565 for Oct Contract 2022 season 

$561 for 2022 season 

$536 for 2023 season 

$522 for 2024 season           

$515 for 2025 season

 

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.

The Target Price Contract reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Thursday, 18 August 2022

The May 2022 contract settled at:  18.24 US c/b

The Australian Dollar currently trades at: 69.34 US cents.

Forward indicative prices in Australian dollars are:

*$573 for Oct Contract 2022 season

$578 for 2022 season

$540 for 2023 season

 $520 for 2024 season        

 $510 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.

The Target Price Contract reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Wednesday, 17 August 2022

The May 2022 contract settled at:  18.27 US c/lb 

The Australian Dollar currently trades at: 70.22 US cents.

Forward indicative prices in Australian dollars are:

*$567 for Oct Contract 2022 season

$571 for 2022 season

$534 for 2023 season

$517 for 2024 season  

  $505 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.

The Target Price Contract reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Tuesday, 16 August 2022

The May 2022 contract settled at:  18.54US c/b

The Australian Dollar currently trades at: 70.23 US cents.

Forward indicative prices in Australian dollars are: 

*$576 for Oct Contract 2022 season

$580 for 2022 season

$541 for 2023 season 

 $522 for 2024 season        

  $511 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.

The Target Price Contract reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Monday, 15 August 2022

 

The May 2022 contract settled at:  18.60 US c/b 

The Australian Dollar currently trades at: 71.15 US cents. 

Forward indicative prices in Australian dollars are: 

*$575 for Oct Contract 2022 season 

$571 for 2022 season 

$533 for 2023 season 

$516 for 2024 season           

$504 for 2025 season

 

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.

The Target Price Contract reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Thursday, 11 August 2022

 

The May 2022 contract settled at:  18.49 US c/b 

The Australian Dollar currently trades at: 71.06 US cents. 

Forward indicative prices in Australian dollars are: 

 

*$571 for Oct Contract 2022 season 

$567 for 2022 season 

$533 for 2023 season 

$516 for 2024 season           

$505 for 2025 season

 

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.

The Target Price Contract reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Thursday, 11 August 2022

The May 2022 contract settled at:  18.28 US c/b

The Australian Dollar currently trades at: 70.90 US cents. 

Forward indicative prices in Australian dollars are:

*$562 for Oct Contract 2022 season

$566 for 2022 season

$532 for 2023 season

 $518 for 2024 season

 $ 508 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.

The Target Price Contract reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Tuesday, 9 August 2022

The May 2022 contract settled at:  17.96 US c/b

The Australian Dollar currently trades at: 69.88 US cents.

Forward indicative prices in Australian dollars are:

*$562 for Oct Contract 2022 season

$564 for 2022 season

$536 for 2023 season

$523 for 2024 season      

 $514 for 2025 season

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.

The Target Price Contract reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Monday, 8 August 2022

 

The May 2022 contract settled at:  17.94 US c/b 

The Australian Dollar currently trades at: 69.19 US cents. 

Forward indicative prices in Australian dollars are: 

 

*$570 for Oct Contract 2022 season 

$567 for 2022 season 

$537 for 2023 season 

$523 for 2024 season           

$511 for 2025 season

 

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.

The Target Price Contract reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons

Daily Sugar Price

Friday, 5 August 2022 

The May 2022 contract settled at:  17.55 US c/b 

The Australian Dollar currently trades at: 69.71 US cents. 

Forward indicative prices in Australian dollars are: 

 

*$554 for July Contract 2022 season 

$553 for 2022 season 

$527 for 2023 season 

$516 for 2024 season           

$507 for 2025 season

 

The figures quoted above are indicative of available ICE 11 prices as at the current date and reflect the weighted average AUD/mt price. The prices have been adjusted to include Over-the-Counter (OTC) margin fees charged by banking institutions and, therefore, may differ from daily prices quoted by the ICE #11 Exchange and/or other Marketers of Growers’ Economic Interest in Sugar (GEI Sugar). Values also do not account for any adjustments resulting from local grower-miller pricing arrangements.

The Target Price Contract reflects a whole-of-season weighted average in a 1:2:2:1 ratio across the four applicable futures contracts for the 2022, 2023, 2024 and 2025 seasons